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Suggestions/Advice

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Comments

  • ZTD
    ZTD Posts: 24,327 Forumite
    tigzem wrote: »
    Do I need a minimum amount to open an ISA?

    Depends on the ISA - most are from £1.
    "Follow the money!" - Deepthroat (AKA William Mark Felt Sr - Associate Director of the FBI)
    "We were born and raised in a summer haze." Adele 'Someone like you.'
    "Blowing your mind, 'cause you know what you'll find, when you're looking for things in the sky."     OMD 'Julia's Song'
  • tigzem
    tigzem Posts: 2,361 Forumite
    Thanks - will have a look into an ISA then...no idea what they are!! lol
    "Nobody made a greater mistake than he who did nothing because he could only do a little." Edmund Burke
  • postingalwaysposting
    postingalwaysposting Posts: 13,987 Forumite
    tigzem wrote: »
    Thanks - will have a look into an ISA then...no idea what they are!! lol

    isa are basically tax free savings see here ~ http://www.moneysavingexpert.com/cgi-bin/viewnews.cgi?newsid1045408312,40680,
  • ZTD
    ZTD Posts: 24,327 Forumite
    tigzem wrote: »
    Thanks - will have a look into an ISA then...no idea what they are!! lol

    They are a bog-standard savings account with an anti-tax shield.
    "Follow the money!" - Deepthroat (AKA William Mark Felt Sr - Associate Director of the FBI)
    "We were born and raised in a summer haze." Adele 'Someone like you.'
    "Blowing your mind, 'cause you know what you'll find, when you're looking for things in the sky."     OMD 'Julia's Song'
  • tigzem
    tigzem Posts: 2,361 Forumite
    Thanks for your help guys... I've opened an Egg mini ISA and will transfer my £40pw into there! Ta x
    "Nobody made a greater mistake than he who did nothing because he could only do a little." Edmund Burke
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